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SEC Chair Gary Gensler Warns Crypto Market Again, Reiterates Stance on Regulation

US Securities and Exchange Commission (SEC) Chair Gary Gensler has restated his position on cryptocurrency regulation, following recent lawsuits against exchanges Coinbase and Binance. Speaking at the Piper Sandler Global Exchange & Fintech Conference, Gensler reiterated the link between the digital assets market and securities laws, and warned that non-compliance could lead to further enforcement actions.

He also emphasised the need to protect investors and prevent the crypto markets from causing harm. The public release of Hinman documents in the XRP Vs SEC lawsuit is anticipated on June 13, 2023.

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